Bank of AmericaBAC stock rose by 2.88% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Bank of America beat their estimated earnings by 19.72%, which surprised analysts.
Revenue was up $2,417,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26, which was followed by a 0.08% drop in the share price the next day.
Here's a look at Bank of America's past performance and the resulting price change:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|---|
EPS Estimate | 0.71 | 0.77 | 0.66 | 0.55 | 0.49 |
EPS Actual | 0.85 | 1.03 | 0.86 | 0.59 | 0.51 |
Price Change % | 2.88% | -0.08% | 1.06% | -1.31% | 2.24% |
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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